Stock Market Sector: Stock Market Update: Power Stocks Fall as Market Rises
KPI Green Energy Ltd. (up 2.76%), Torrent Power Ltd. (up 1.49%), JSW Energy Ltd. (up 0.51%), Adani Power Ltd. (up 0.50%) and NLC India Ltd. (up 0.12%). Ranked top.
GE Power India Ltd. (down -6.32%), Inox Wind Energy Ltd. (down 5.00%), Inox Wind Ltd. (down 5.00%), Suzlon Energy Ltd. (down 4.92%), GE T&D India Ltd. (down 4.75%) decrease) %), Orient Green Power Company Ltd. (-4.17%), Jyoti Structures Ltd. (down 3.44%), KEC International Ltd. (down 3.27%), Reliance Power Ltd. (down 3.26%) and Voltamp Transformers Ltd. .( down 3.07%) was among the top decliners of the day.
The NSE Nifty50 index closed 117.75 points higher at 22474.05, while the 30-share BSE Sensex closed 408.86 points higher at 74085.99.
Bajaj Auto Ltd. (+3.05%), Kotak Mahindra Bank Ltd. (up 2.57%), Axis Bank Ltd. (up 2.2%), Bharti Airtel Ltd. (up 2.13%), SBI Life Insurance Company Ltd. (up 1.96) ) %), Sun Pharmaceutical Industries Ltd. (up 1.9%), Divi’s Laboratories Ltd. (up 1.73%), Tata Consumer Products Ltd. (up 1.63%), Mahindra & Mahindra Ltd. (up 1.62%) and Titan Company Ltd. . (up 1.6%) was the top gainer in the Nifty pack.
Meanwhile, Adani Enterprises Ltd. (-2.31%), UltraTech Cement Ltd. (-2.01%), NTPC Ltd. (-1.76%), Oil And Natural Gas Corporation Ltd. (-1.24%), and Bharat Petroleum Corporation Ltd. ( -1.05% decrease), Adani Ports & Special Economic Zone Ltd. (1.01% decrease), Maruti Suzuki India Ltd. (0.89% decrease), JSW Steel Ltd. (0.79% decrease), Power Grid Corporation of India Ltd. (down 0.45%) and Tata Motors Ltd. (down 0.42%) ended in the red.
